Ethena community launches proposal to include SOL as collateral asset for USDe

Odaily Planet Daily News: Trader Eugene stated in his community that in this cycle, if the investment portfolio lacks the core allocation of Bitcoin, its risk adjusted returns are generally lower than traditional stock market indices (such as the S&P 500). Compared to the significant outperformance of traditional assets in the 2019-2022 cycle, the compound growth of indicators such as ETH, SOL, and TOTAL3 (excluding BTC and ETH) in this cycle did not exceed the benchmark of the US stock market. He believes that as the cryptocurrency market becomes increasingly mature and the proportion of public allocation increases, the era of "achieving financial freedom through cryptocurrency assets" is fading away. If we continue to choose to only hold cryptocurrency assets and not allocate BTC or leveraged BTC in the future, it may become a strategic mistake. Even in cycles of increased risk appetite, a 2-fold long in BTC may perform better than a single long in other high beta currencies.

BlockBeats News: On May 3rd, according to official announcements, Web3 animation and entertainment brand Claynosaurz announced that they have established a partnership with Sui and will jointly look forward to the future of the entertainment industry. The announcement states that Claynosaurz aims to integrate programs, mobile games, social media brands, NFT collections, or toy companies into a consumer engaging experience. This goal is possible through the technology provided by blockchain, smart contracts, and digital asset tokenization. To achieve this goal and compete with entertainment giants, existing products must not have any defects. Claynosaurz is at a crossroads in the early stages of Web3's development from an emerging technology curiosity to mainstream adoption and cultural integration. This technology cannot add friction to the existing user experience and must be safe and reliable. Previously, Claynosaurz joined the Walrus ecosystem to promote on chain animation and interactive experiences.

BlockBeats News: On May 3rd, according to the monitoring of Ashes, Whale @ JamesWynnReal opened multiple BTC orders worth $137 million on Hyperliquid using 40x leverage in the past 40 hours since the afternoon of May 1st. Long BTC quantity: 1419.4, worth 137 million US dollars; Average warehouse building price: 96629.4 US dollars; Liquidation price: 87844 US dollars.

Odaily Planet Daily News: According to on chain analyst Yu Jin's monitoring, in the 40 hours since the afternoon of May 1st, a whale named James Wynn has long Bitcoin on Hyperliquid with 40 times leverage, with a total position size of 1419.4 BTC. Calculated at an average position price of $96629.4, the position value is about $137 million, and the liquidation price is $87844.

OKX-BTC/USDT is currently trading at $96518.10, with a 24-hour decline of 0.45%. Please be aware of market fluctuations.